-Emerging industries- in inland Gansu stand out

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On October 18, during a press conference held by the Gansu Provincial Government Information Office, it was revealed that Gansu, situated in the heart of Northwest China, is making significant strides in strategic emerging industries such as new materials, new energy, and modern medicine. With a focus on high-quality projects that are rich in value, innovation, and sustainability, Gansu is leveraging its extensive transportation network—including high-speed rail, airports, and the China-Europe freight trains—to become a new frontier for openness.

Speaking about Gansu’s advancements, Wang Yongqing, Deputy Director of the Gansu Provincial Department of Industry and Information Technology, noted that the province is uniquely positioned to attract industrial transfers due to its rich resources, robust industrial system, expansive development opportunities, favorable business environment, and strong growth momentum. “In recent years, we have focused on strengthening key players, enhancing supply chains, and clustering industries to inject powerful momentum into high-quality development,” he explained.

The upcoming “2024 China Industry Transfer Development Matchmaking Event (Gansu),” scheduled to take place from October 26 to 28 in Lanzhou, will be held under the theme “Sharing New Opportunities of National Strategy, Co-building a New Industrial Pattern in the West.” This major event, supported by the Ministry of Industry and Information Technology, aims to facilitate an orderly transition of industries, enhancing collaborative partnerships through various measures to build a modern industrial system that is independent, secure, and competitive.

Central enterprises are increasingly drawn to Gansu, with significant investments pouring in. Yan Zhiheng, Deputy Director of the Gansu Provincial State-owned Assets Supervision and Administration Commission, shared that 57 central enterprises have established a presence in Gansu, extending cooperation into 14 sectors including new energy, new materials, data information, petrochemicals, non-ferrous metallurgy, and logistics. The depth and breadth of this cooperation are accelerating rapidly.

Wang Yongqing emphasized that facilitating industrial transfers is a crucial pathway for boosting industrial investment. “We are planning and reserving key industrial projects, especially significant ones that will invigorate the province’s industrial economy,” he stated. This year, Gansu has made concerted efforts to strengthen industrialization, achieving stable and accelerating growth in its industrial economy.

From January to August this year, Gansu’s large-scale industrial output increased by 12.6%, and industrial fixed asset investment grew by 18.1%, maintaining double-digit growth for the 44th consecutive month. As of September 2024, among the 165 projects signed during the 2023 China Industry Transfer Development Matchmaking Event (Gansu), 109 projects have already commenced construction, reaching a startup rate of 66%.

The 2024 event will feature a series of “1+4+N” activities designed to create a more advantageous receiving environment and a vibrant platform for engagement. This includes an opening ceremony and signing event, four thematic matchmaking sessions focusing on green chemicals, new materials, new energy equipment manufacturing, light industry and biological manufacturing, and digital economy, along with numerous local government exploration activities to seek collaboration opportunities.

Yan Zhiheng highlighted a notable increase in investments in new energy and equipment manufacturing, as well as data information and petrochemicals among newly signed projects. Looking ahead, Gansu aims to focus on five core areas—wind power, solar energy, solar thermal, energy storage, and hydrogen energy—to establish itself as a vital base for new energy and equipment manufacturing in the nation.